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  • 2 years ago
Tax Reform Member Day; Senate Finance Committee Corporate Integration Hearing; Novogradac Affordable

Tax Reform Member Day; Senate Finance Committee Corporate Integration Hearing; Novogradac Affordable

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off the general news section with a brief recap in of a member day hearing convened last week by House Tax Policy Subcommittee Chairman Charles Boustany. He shares what was said about the low-income housing tax credit, new markets tax credit, historic tax credit and renewable energy tax credits. Then, he provides some information about a hearing scheduled for today on corporate integration. In the low-income housing tax credit section, he outlines a bill introduced to preserve asset management staff at HUD's multifamily field offices. In other news, he talks about how states should establish maximum per-unit development subsidy amounts for Housing Trust Fund properties. In state affordable housing news, he discusses a bill introduced in Colorado to extend the state low-income housing tax credit by three years. In new markets tax credit news, he shares the latest update from the CDFI Fund on how much qualified

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